Securities
Dec. 11, 2009
Judge May Dismiss Broadcom Case; Sets Aside Samueli Plea
A federal judge on Wednesday set aside Orange County billionaire Henry Samueli's guilty plea in the Broadcom stock option backdating prosecution and put the rest of case against three other executives on life support.
Daily Journal Staff Writer
SANTA ANA - A federal judge on Wednesday set aside Orange County billionaire Henry Samueli's guilty plea in the Broadcom stock option backdating prosecution and put the rest of case against three other executives on life support.
"What I'm struggling with is, rules are not clear," U.S. District Judge Cormac J. Carney said, explaining why he might dismiss the case for...
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